What does PASSADE do?

PASSADE is a hospitality business in Mechelen. Public Limited, started on 8 February 2000, 1 establishment.

What is the address of PASSADE?

The registered office of PASSADE is located at Wijngaardstraat 12 box B001, 2800 Mechelen.

Is PASSADE still active?

Yes. According to the CBE (31 October 2026) PASSADE is active, legal situation “Normale toestand”, started on 8 February 2000.

Is PASSADE registered on Peppol?

Yes, PASSADE is registered on the Peppol network with ID 0208:0470596686.

What is the enterprise number of PASSADE?

The enterprise number of PASSADE is BE0470596686.

When was PASSADE founded?

PASSADE was founded on 8 February 2000.

Is PASSADE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 8 February 2000; 5 annual accounts filed, latest fiscal year 2025.

How much profit did PASSADE make in 2025?

PASSADE posted a profit after taxes of € 354,773 in financial year 2025.

What is the revenue of PASSADE?

As a small company, PASSADE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,341,864.

How much does an employee at PASSADE earn?

The average wage cost per full-time employee at PASSADE was € 64,300 in 2025: staff costs of € 841,963 for 13.1 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does PASSADE have?

According to the 2025 annual accounts, PASSADE has 13.1 full-time equivalents (FTE).

PASSADE (Public Limited) - Mechelen - BE0470596686

Dossier PASSADE, printed on 31 October 2026 from databakkes.be/en/0470596686/passade. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Shrinking team NBB

FTE fell two years in a row, from 17.2 to 13.1.

Financials

Financial year 2025

PASSADE from Mechelen, company number BE0470596686, closed financial year 2025 with a result of € 354,773 after tax. For that financial year PASSADE recorded a gross margin of € 1.3 million and equity of € 146,307. Compared with financial year 2024, the result moved from € -43,299 to € 354,773. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.

What it is worth Growing

€ 146,307

▲ € 354,773 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 354,773

▲ still € 43,299 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 481,426

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 84,307.

People and assets in 2025

Full-time equivalents

13.1

▼ 1.8 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 841,963

▲ 31% vs 2024

€ 64,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 23,392

▼ 43% vs 2024

Of which on lease € 21,879.

Debts at end 2025

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 110,744

▲ 90% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 1,393

▼ 98% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 614,079 Gross margin 2022: € 614,079 First fiscal year in the series	€ 766,579 Gross margin 2023: € 766,579 ▲ 25% vs 2022 (€ 614,079) Favourable step	€ 645,458 Gross margin 2024: € 645,458 ▼ 16% vs 2023 (€ 766,579) Unfavourable step	€ 1,341,864 Gross margin 2025: € 1,341,864 ▲ 108% vs 2024 (€ 645,458) Favourable step	▲ 108%
Profit after taxes	€ -80,318 Profit after taxes 2022: € -80,318 First fiscal year in the series	€ -43,706 Profit after taxes 2023: € -43,706 ▲ € 36,612 vs 2022 (€ -80,318) Favourable step	€ -43,299 Profit after taxes 2024: € -43,299 ▲ € 407 vs 2023 (€ -43,706) Favourable step	€ 354,773 Profit after taxes 2025: € 354,773 ▲ € 398,072 vs 2024 (€ -43,299) Favourable step	▲ € 398,072
Equity	€ -121,461 Equity 2022: € -121,461 First fiscal year in the series	€ -165,167 Equity 2023: € -165,167 ▼ € 43,706 vs 2022 (€ -121,461) Unfavourable step	€ -208,466 Equity 2024: € -208,466 ▼ € 43,299 vs 2023 (€ -165,167) Unfavourable step	€ 146,307 Equity 2025: € 146,307 ▲ € 354,773 vs 2024 (€ -208,466) Favourable step	▲ € 354,773
Total debts	€ 472,307 Total debts 2022: € 472,307 First fiscal year in the series	€ 498,776 Total debts 2023: € 498,776 ▲ 6% vs 2022 (€ 472,307) Unfavourable step	€ 539,033 Total debts 2024: € 539,033 ▲ 8% vs 2023 (€ 498,776) Unfavourable step	€ 365,031 Total debts 2025: € 365,031 ▼ 32% vs 2024 (€ 539,033) Favourable step	▼ 32%
Cash	€ 11,702 Cash 2022: € 11,702 First fiscal year in the series	-	-	€ 481,426 Cash 2025: € 481,426 First fiscal year in the series
Retained profit	€ -183,461 Retained profit 2022: € -183,461 First fiscal year in the series	€ -227,167 Retained profit 2023: € -227,167 ▼ € 43,706 vs 2022 (€ -183,461) Unfavourable step	€ -270,466 Retained profit 2024: € -270,466 ▼ € 43,299 vs 2023 (€ -227,167) Unfavourable step	€ 84,307 Retained profit 2025: € 84,307 ▲ € 354,773 vs 2024 (€ -270,466) Favourable step	▲ € 354,773
Bank debt	€ 25,814 Bank debt 2022: € 25,814 First fiscal year in the series	€ 23,804 Bank debt 2023: € 23,804 ▼ 8% vs 2022 (€ 25,814) Favourable step	€ 34,017 Bank debt 2024: € 34,017 ▲ 43% vs 2023 (€ 23,804) Unfavourable step	€ 0 Bank debt 2025: € 0 ▼ 100% vs 2024 (€ 34,017) Favourable step	▼ 100%
Balance sheet total	€ 350,846 Balance sheet total 2022: € 350,846 First fiscal year in the series	€ 333,609 Balance sheet total 2023: € 333,609 ▼ 5% vs 2022 (€ 350,846) Unchanged	€ 330,567 Balance sheet total 2024: € 330,567 ▼ 1% vs 2023 (€ 333,609) Unchanged	€ 511,338 Balance sheet total 2025: € 511,338 ▲ 55% vs 2024 (€ 330,567) Unchanged	▲ 55%
Employees (FTE)	15.7 Employees (FTE) 2022: 15.7 First fiscal year in the series	17.2 Employees (FTE) 2023: 17.2 ▲ 1.5 vs 2022 (15.7) Unchanged	14.9 Employees (FTE) 2024: 14.9 ▼ 2.3 vs 2023 (17.2) Unchanged	13.1 Employees (FTE) 2025: 13.1 ▼ 1.8 vs 2024 (14.9) Unchanged	▼ 1.8

Key figures of PASSADE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to PASSADE?

What happened at PASSADE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 30, 2026 New annual accounts for financial year 2025: profit of € 354,773. Source: NBB ↗
May 3, 2001 New establishment in Mechelen. KBO
Feb 8, 2000 Start of the company according to the CBE. KBO

In short

From € 80,318 loss in 2022 to € 354,773 profit in 2025.

Paid € 1,082 in corporate taxes since 2022.

Best year ever: 2025, with € 354,773 profit.

On average € 102,400 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Establishments

Establishment units

Physical locations of this company

Registered office

Wijngaardstraat 12 box B001

2800 Mechelen

2.115.764.790

Wijngaardstraat 12 box 1

2800 Mechelen

Active since 3 May 2001

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.

All companies at this address →

DEN WIJNGAERT

€ 2.7 million gross margin · 2025

Iron Team Mechelen

Vereniging van Mede-eigenaars Residentie Ten Wyngaerd

La Passade

€ -473 gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0470.596.686

VAT number

BE 0470.596.686

Registered office

Wijngaardstraat 12 bus B001, 2800 Mechelen

Names & denominations

PASSADE

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

8 February 2000

Peppol

Active · Active since 10 Dec 2025

Activities · NACE

Activiteiten van eetgelegenheden met volledige bediening

Eetgelegenheden met volledige bediening

Verhuur en lease van personenauto’s en andere lichte motorvoertuigen

Overige gespecialiseerde ontwerpactiviteiten

Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)

Activiteiten van decorateur-etalagisten

Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)

View on CBE Public ↗ Annual accounts (NBB) ↗